Forex Weekly Trading Forecasts: Dollar and Yen Threaten Rally but Where is the Risk Trend Support?

US Dollar Rally Might Run out of Steam Unless this Changes

The US Dollar finally showed signs of life as a surprisingly-upbeat Federal Reserve sent it sharply higher versus major counterparts. Yet key headwinds remain, and a number of factors suggest that buying USD makes little sense at these levels.

A Vulnerable Moment for the Euro as Sentiment Evovles Post-FOMC

A sudden shift in rhetoric from the European Central Bank and the Federal Reserve put the EURUSD and the Euro more generally, in a potentially vulnerable spot for the coming days.

Yen Crosses at Risk of Collapse – Particularly Should Risk Trends Shift

Half of the most liquid Yen crosses closed out this past week in the green. Though, that should provide long-term bulls little relief. So far in 2014, this once high-flying group is under water.

British Pound Risks Further Losses on Slowing U.K. CPI – 1.6400 Remains Critical

The British Pound may face a larger correction in the week ahead as the headline reading for U.K. inflation is expected to narrow to an annualized 1.7% in February.

Gold Reverses March Rally on Upbeat Fed – Bearish Sub $1357

Gold saw the largest weekly decline in four months this week with the precious metal off by more than 3.4% to trade at $1335 ahead of the new York close on Friday.

Australian Dollar Looks for Cues in US Economic Data, Fed-Speak

The Australian Dollar continues to look to external factors for direction cues, with US economic data and a busy Fed-speak docket highlighted in the week ahead.

Forex-Weekly-Trading-Forecasts-Dollar-and-Yen-Threaten-Rally-but-Where-is-the-Risk-Trend-Support-_body_Picture_5.png, Forex Weekly Trading Forecasts: Dollar and Yen Threaten Rally but Where is the Risk Trend Support?
Forex-Weekly-Trading-Forecasts-Dollar-and-Yen-Threaten-Rally-but-Where-is-the-Risk-Trend-Support-_body_Picture_5.png, Forex Weekly Trading Forecasts: Dollar and Yen Threaten Rally but Where is the Risk Trend Support?

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